Tennessee § 11-25-113 - Annual audit and reports.
Full text of Tennessee Tennessee Code Annotated § 11-25-113 — Annual audit and reports., with citation guidance and answers to common questions.
§ 11-25-113. Annual audit and reports.
The board shall cause an annual audit to be made of the books and records of the authority. The comptroller of the treasury, through the department of audit, shall be responsible for determining that such audits are made in accordance with generally accepted governmental auditing standards and that such audits meet the minimum standards prescribed by the comptroller of the treasury. These audits shall be made by certified public accountants. In the event the board shall fail or refuse to have the audit made, then the comptroller of the treasury may appoint a certified public accountant, or direct the department of audit to make the audit, the cost of such audit to be paid by the authority. The authority shall prepare an annual report of its business affairs and transactions, a copy of which shall be available for public inspection, and filed by January 31 of each year with the comptroller of the treasury, the office of governor, and the speakers of the house of representatives and the senate. Acts 2012, ch. 1106, § 1. Code Commission Notes. Acts 2012, ch. 1106, § 1 purported to enact title 11, ch. 27. Title 11, chs. 25 and 26 had previously been transferred; therefore, the enactment by Acts 2012, ch. 1106, § 1 was enacted as title 11, ch. 25 by authority of the code commission.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 11-25-113
What does Tennessee Code Annotated § 11-25-113 cover?
Section 11-25-113 ("Annual audit and reports.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 11-25-113?
A common citation format is "Tennessee Code Annotated § 11-25-113" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 11-25-113 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.